SCHEDULE: Harel Insurance Discloses 5.1% Stake in NICE Ltd.

Harel Insurance Investments & Financial Services Ltd. has reported a 5.1% beneficial ownership stake in NICE Ltd., primarily through managed funds.

Summary

• Harel Insurance Investments & Financial Services Ltd. reported beneficial ownership of 3,160,790 American Depositary Shares (ADS) of NICE Ltd.
• This represents 5.1% of NICE Ltd.'s outstanding Ordinary Shares, based on 61,743,476 shares as of August 18, 2025.
• The shares are primarily held for members of the public through various funds, including provident funds, mutual funds, pension funds, insurance policies, and exchange-traded funds, all managed by Harel's subsidiaries.
• These subsidiaries operate under independent management and make independent voting and investment decisions.
• A smaller portion, 64,796 Ordinary Shares, is held by third-party client accounts managed by a subsidiary of Harel Insurance as portfolio managers, which has no voting power in these specific securities.
• Harel Insurance explicitly states that this filing should not be construed as an admission of beneficial ownership of any of the Ordinary Shares covered by this statement.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, indicating a significant institutional investor's continued or new passive investment in NICE Ltd., suggesting confidence in the company's fundamentals without implying any activist intent.

Positives

• A significant institutional investor, Harel Insurance, holds a 5.1% stake in NICE Ltd., indicating confidence in the company's value.
• The passive nature of this Schedule 13G filing suggests the stake is for investment purposes rather than seeking control or engaging in activism.

Future Outlook

This filing does not contain forward-looking statements or guidance from NICE Ltd. or Harel Insurance regarding future performance or strategic direction.

Management Comments

• The securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
• This Statement shall not be construed as an admission by the Reporting Person that it is the beneficial owner of any of the Ordinary Shares covered by this Statement.

Industry Context

StockSavvy.ai notes that institutional filings like this Schedule 13G provide transparency into significant ownership stakes, often signaling long-term investment interest from major financial players. Harel Insurance, a prominent Israeli financial services group, maintaining a stake in a technology company like NICE Ltd. suggests confidence in the company's market position and growth prospects within the broader tech and customer experience industry.

Stakeholder Impact

• Shareholders: Increased transparency regarding institutional ownership and potential long-term investor confidence.
• NICE Ltd. Management: Awareness of a significant passive institutional holder, which can provide stability to the shareholder base.

Key Dates

Recommendation

This Schedule 13G filing indicates a significant, passive institutional investment by Harel Insurance in NICE Ltd. While it signals confidence from a major financial player, it does not provide new operational or financial data to warrant a change in investment thesis. Investors should 'hold' and continue to monitor NICE Ltd.'s fundamental performance and broader market conditions.

Keywords

NICE Ltd., Harel Insurance, Schedule 13G, Beneficial Ownership, Institutional Investor, American Depositary Shares, ADS, Ordinary Shares, Financial Services, Investment